EURUSD Outlook 6/12

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EURUSD showed major weakness, current bias is that this week will be spent trapping more late sellers, before reversing to take some buy side liquidity. HTF remains bearish, but selling at discount prices is just not attractive to me. This is in line with DXY perspective. Intraday price action will be monitored for short term trade opportunities with a bias to the long side, but respecting supply levels that could continue bearish HTF trend.
Note
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Buy trade idea based on correlation with DXY
Transaction en cours
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Buy Limit Order Triggered
Trade fermée: ordre d’arrêt atteint
Transaction en cours
re-entered after being stopped out as DXY is still in play snapshot
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Buying EU one last time
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Trade idea
Transaction en cours
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Price reacting favorably to trade idea.
EURUSDeurusdlongTrend Analysis

Let the algo show you its hand.
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